Lam Research (LRCX) Declares $0.30 Quarterly Dividend; 1.3% Yield
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Lam Research Corporation Declares Quarterly Dividend
September 1, 2016 4:06 PM EDTFREMONT, CA -- (Marketwired) -- 09/01/16 -- Lam Research Corporation (NASDAQ: LRCX) today announced that its Board of Directors has approved a quarterly dividend of $0.30 per share of common stock. On an annualized basis, this will return approximately $192 million to stockholders based on shares outstanding as of June 26, 2016. The dividend payment will be made September 28, 2016 to holders of record on September 14, 2016. Future dividend payments are subject to review and approval by the Board of Directors.
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